Another Indian businessman from Dubai has been handed a 10-year residency visa.
Dr. Ram Buxani, chairman of ITL Cosmos Group, and his wife Veena Ram Buxani were given the long-term residency permit on Sunday.
The Buxanis join Asad Moopen, Vasu Shroff, Khushi Khatwani and Rizwan Sajan on the list of the first Indian investors to get it.
The UAE rolled out the 10-year visa scheme for investors and professionals in January.
Buxani moved to the UAE nearly 60 years ago and grew into a successful entrepreneur with a current net worth of more than AED300 million.

New UAE, Bahrain fast-track travel system takes off
Dubai adjusts paid parking hours for Ramadan
Dubai's Al Jalila Foundation unveils cancer support fund
Dubai Police urge vigilance against online begging
H.H. Sheikh Hamdan pays tribute to UAE's royal photographer
Sharjah approves over AED76 million in debt settlement for citizens
H.H. Sheikh Hamdan awards Arab Hope Makers
UAE looks into framework to regulate children's social media use
UAE Ramadan moon-sighting committee to meet on Tuesday
RTA opens second bridge at Al Qudra intersection
Abu Dhabi identifies over 40 modern heritage sites
Distribution of aid from UAE's Saqr Humanitarian Ship begins in Gaza
Dubai to expand bus and taxi lanes as public transport ridership grows by 7.4%
Emir of Qatar welcomed by UAE President on visit to Abu Dhabi
UAE, Egypt Foreign Ministers discuss Gaza peace plan
UAE, Pakistan leaders discuss boosting economic ties
UAE, Bosnia FMs discuss strengthening bilateral relations
H.H. Sheikh Mohammed launches campaign to rescue 5 million children from hunger
Dubai advances measures to support people of determination
Abu Dhabi Crown Prince to lead UAE delegation at AI Impact Summit in India
